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While you were sleeping: Equities slump

While you were sleeping: Equities slump

By Margreet Dietz Aug. 8 (BusinessDesk) - Wall Street fell as concern about the intensifying tension between the West and Russia over Ukraine overshadowed better-than-expected US jobs data and American corporate earnings including from 21st Century Fox. In late afternoon tr...

07 Aug 2014
UPDATE: Brian Henry admits market manipulation charges, fined $130,000

UPDATE: Brian Henry admits market manipulation charges, fined $130,000

(Adds Henry comment) By Jonathan Underhill Aug. 7 (BusinessDesk) - Brian Henry, a venture capitalist who helped found Diligent Board Member Services, has admitted breaches of the Securities Markets Act by manipulating the company's shares in early 2010. At the Auckland H...

07 Aug 2014
Turners & Growers 1H profit slumps 39%, blames one-off events

Turners & Growers 1H profit slumps 39%, blames one-off events

By Paul McBeth Aug. 7 (BusinessDesk) - Turners & Growers, the fruit marketer controlled by Germany's BayWa, reported a 39 percent drop in first-half earnings, saying profitability had been hurt by a series of one-off events including a supply shortage. Profit fell to $10.2...

07 Aug 2014